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Added to YB: 2024-12-17

Pitch date: 2024-12-14

7860.T [neutral]

Avex Inc.

-19.38%

current return

Author Info

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Company Info

Avex Inc., an entertainment company, engages in the music, animation and video, digital, and overseas businesses in Japan.

Market Cap

JPY 64.9B

Pitch Price

JPY 1.5K

Price Target

N/A

Dividend

N/A

EV/EBITDA

-16.32

P/E

423.51

EV/Sales

0.16

Sector

Entertainment

Category

growth

Show full summary:
November Japanese Smaller Companies - Avex Inc.

7860.T (short summary): Music & entertainment co. with diverse portfolio. Q2 weak in music (-15.8%) & Saudi (-34.3%), but anime +25%. FY25 P/E 15, profit +33% YoY. 3.33% div yield, 6.6% buyback. New strategy: IP focus, global expansion. Medium-term ¥15bn profit target. P/E 3.5x vs LYV's 44.9x. Potential 9.6% div yield.

Read full article (4 min)